World - Sesame Oil - Market Analysis, Forecast, Size, Trends and Insights
Sesame Oil Market - Japan Is the World’s Leading Sesame Oil Exporter
Japan dominates in the global sesame oil trade. In 2014, Japan exported 6 thousand tonnes of sesame oil totaling 44 million USD, 9% over the previous year. Its primary trading partner on the global sesame oil market was the U.S., where it supplied 73% of its total sesame oil exports in value terms, accounting for 45% of the U.S. total imports.
From 2007 to 2014, Japan was a net exporter of sesame oil. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.
Mexico and Singapore were among the other main global suppliers of sesame oil in 2014. However, the fastest growing exporters from 2007 to 2014 were the United Republic of Tanzania (+93% per year) and Mexico (+16% per year). Mexico significantly strengthened its position in the global export structure.
In 2014, Japan's top 5 trading partners were the U.S., Canada, Singapore, China and Australia, with a combined 89% share of Japan's sesame oil exports. The share of Canada increased (+3 percentage points), while the share of the U.S. illustrated negative dynamics (-5 percentage points).
Do you want to know more about the global sesame oil market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- sesame oil market share
- sesame oil prices
- sesame oil industry
- sesame oil sales
- sesame oil market forecast
- sesame oil price forecast
- key sesame oil producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global sesame oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
We can help you conduct market research and write a report using the most reliable data